Executive Interview - The Merchants Trust

26 July 2016

Launched in 1889, The Merchants Trust (LSE: MRCH) has evolved throughout its history into an investment trust seeking a high and growing income from a portfolio of UK equities. It is managed by Simon Gergel, chief investment officer of UK equities at AllianzGI, and is both the largest and the oldest of the trusts managed by AllianzGI. MRCH is differentiated from peers in the UK Equity Income sector by using the FTSE 100 index as a performance benchmark; the trust currently has a slant towards some of the largest stocks in the index, although it also has c 35% of assets invested in companies outside the 100 largest. MRCH is one of the highest-yielding equity investment trusts and has a 34-year record of annual dividend growth. MORE »

19 April 2016

Executive Interview with The Merchants Trusts portfolio manager, Simon Gergel - Coming soon! MORE »

11 February 2016

Launched in 1889, The Merchants Trust (LSE.MRCH) has evolved throughout its history into an investment trust seeking a high and growing income from a portfolio of UK equities. It is managed by Simon Gergel, chief investment officer of UK equities at Allianz Global Investors, and is both the largest and the oldest of the trusts managed by AllianzGI. MRCH is differentiated from peers in the UK Equity Income sector by using the FTSE 100 index as a performance benchmark; the trust currently has a slant towards some of the largest stocks in the index, although it also has c 35% of assets invested in companies outside the 100 largest. MRCH is one of the highest-yielding equity investment trusts and has a 33-year record of annual dividend growth. MORE »

9 November 2015

The Merchants Trust (MRCH) is a concentrated portfolio of predominantly larger UK companies, with a focus on producing a high income along with capital and income growth. It is benchmarked against the FTSE 100 index, but approximately one-third of the portfolio holdings are outside the index. Stock selection is mainly bottom-up, but manager Simon Gergel assigns holdings to broad themes including mega-caps and turnaround situations. MORE »